Quanta Services Inc (PWR)

Operating return on assets (Operating ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	1,346,470	1,127,980	872,058	663,521	611,371
Total assets	US$ in thousands	18,683,900	16,237,200	13,464,300	12,855,200	8,398,270
Operating ROA		7.21%	6.95%	6.48%	5.16%	7.28%

December 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $1,346,470K ÷ $18,683,900K
= 7.21%

The operating return on assets (operating ROA) for Quanta Services Inc has fluctuated over the period from December 31, 2020, to December 31, 2024. Starting at 7.28% in 2020, it decreased to 5.16% in 2021, before showing improvements in the subsequent years with percentages of 6.48% in 2022, 6.95% in 2023, and reaching 7.21% by the end of 2024. Overall, the trend indicates some variability but a general positive trajectory in the operating performance efficiency in generating profits from its assets.

Peer comparison

Dec 31, 2024

Company name

Symbol

Operating ROA

Quanta Services Inc

PWR

7.21%

Comfort Systems USA Inc